Power Assets Holdings Ltd. (OTCMKTS:HGKGY – Get Free Report) shares gapped up before the market opened on Friday . The stock had previously closed at $6.23, but opened at $6.51. Power Assets shares last traded at $6.33, with a volume of 763 shares trading hands.
Power Assets Stock Performance
The company has a 50 day moving average price of $6.47 and a 200-day moving average price of $6.45.
Power Assets Cuts Dividend
The firm also recently announced a dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, September 12th were paid a dividend of $0.0796 per share. The ex-dividend date of this dividend was Thursday, September 11th. This represents a dividend yield of 474.0%.
Power Assets Company Profile
Power Assets Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, Mainland China, and internationally. It generates energy from thermal, renewable energy, and waste sources. The company also transmits and distributes oil and gas; and provides trust administration and management services.
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